Rapid growth in mutual funds, insurance investments, and health & wellness spending among Indians, reveals new Razorpay report

Rapid growth in mutual funds, insurance investments, and health & wellness spending among Indians, reveals new Razorpay report

When it comes to wealth creation and securing one’s financial future, it seems this issue is dominating the minds of Indians. According to a new report put out by the fintech unicorn, Razorpay, investments in mutual funds surged by an impressive 86% and insurance payments witnessed a significant 56% growth for the period FY24. Additionally, … Read more

Airports to ensure Digi Yatra registration is voluntary and consensual: Scindia

Airports to ensure Digi Yatra registration is voluntary and consensual: Scindia

File picture of Union Minister for Civil Aviation Jyotiraditya Scindia at the launch of Digi Yatra | Photo Credit: PTI Airports have been advised to ensure that registration of air travellers for the Digi Yatra initiative, which provides digital processing of passengers at various checkpoints with the help of a face scan, is “completely voluntary”, … Read more

Government says masks no more compulsory during air travel

Government says masks no more compulsory during air travel

A scene at Chennai Airport. File | Photo Credit: B. Velankanni Raj Wearing masks during air travel is no longer mandatory, and the government has asked the airlines not to impose fines. However, the cabin crew will have to announce that the passengers should “preferably” use masks or face covers, says the Office Memorandum issued … Read more

Air India to have systems to proactively alert fliers about flight changes, delays

Air India to have systems to proactively alert fliers about flight changes, delays

Representational image of a passenger at an airport waiting for her flight | Photo Credit: S. Subramanium Air India will put in place new systems to proactively alert fliers about changes or delays in flight schedules and also set up a coordination team to address airport-specific issues, according to an internal communication. After reviewing block … Read more

Domestic air passenger traffic logs estimated 83% growth in April: ICRA

Domestic air passenger traffic logs estimated 83% growth in April: ICRA

Domestic air passenger traffic is estimated to have logged an 83 per cent growth year-on-year at 10.5-million in April as Covid-19 infection cases waned, leaving a gap of just 5 per cent when compared to the pre-pandemic level, ICRA said on Monday. Indian carriers had flown around 11 million passengers in April 2019. However, the … Read more

Global air passenger numbers to exceed pre-COVID level in 2024: IATA

Global air passenger numbers to exceed pre-COVID level in 2024: IATA

In 2021, overall traveller numbers were 47 per cent of the pre-COVID level, the International Air Transport Association (IATA) mentioned. The total number of air passengers in the world will reach the four-billion mark in 2024, exceeding the 2019 pre-Covid level by three per cent, global airlines body IATA said on Wednesday. In 2021, overall … Read more

Covid-19: Airlines face demand dip amid Omicron surge, IndiGo waives rescheduling fee

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Data showed that domestic air passenger traffic has been declining for two weeks when fresh Covid-19 cases first started surging and states began to impose curbs. Airlines have been forced to rework their domestic schedules and even cancel several flights as the latest surge in India’s Covid-19 caseload has led to a demand for air … Read more

Govt releases new guidelines for air travel of differently-abled passengers

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Coaches and vehicles that are used to transport the passengers towards the airplane must also be made compatible with the wheel-chair bound passengers, the guidelines state. In an attempt to make air travel journeys more accessible and comfortable for differently-abled people, the Ministry of Civil Aviation has issued a list of draft accessibility standards and … Read more

What is baggage mishandling? How has the pandemic changed it? SITA’s 2021 Baggage IT Insights report shares key insights

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At most airports, delayed bags are the main reason for mishandled bags. Baggage mishandling plunges to 81 per cent due to the pandemic, SITA’s 2021 Baggage IT Insights report indicates. So, how safe is your baggage when you travel on a flight? A key concern of air travellers pertains to the safety of their baggage … Read more